Question
AMT Computation. Jose, an unmarried taxpayer filing single with no dependents, has AGI of $200,000 and reports the following items in 2015: Taxable income $160,000
AMT Computation. Jose, an unmarried taxpayer filing single with no dependents, has AGI of $200,000 and reports the following items in 2015: Taxable income $160,000 Tax preferences 10,000 AMT adjustments related to itemized deductions 30,000 Regular tax liability 37,871 What is Joses AMT liability for 2015?
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve
9th Edition
0324381921, 978-0324381924
